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Zcash has grown in leaps and bounds in 2018. The dev team released a roadmap through the year 2020, which includes a significant attributes update in the October 2018 Sapling release. Coinbase can be considering listing Zcash, which is a massive increase for any cryptocurrency.
Qtum is a wise contracts platform very similar to Ethereum, only with a stronger focus on significance transfers and decentralized programs. Its meant to be something of a hybrid between Bitcoin and Ethereum, allowing businesses to build smart contracts on the stage or just focus on cryptocurrency transactions.
Qtum launched in March 2017, and dashed right to the top. The initial offering sold over $10 million in tokens after just 90 minutes. The job differentiated itself by providing a rare Proof-of-Stake smart contracts platform designed to compensate for some of Ethereums shortcomings, including lack of compatibility for mobile devices. .
Qtum introduced its mainnet in September 2017, opening the doors into a completely functional smart contract and dapps platform. Several projects already have an established presence on the network. One of the more exciting ones is Space Chain, which aims to make an open-source satellite network anyone can use for information transmission, storage, and development. .
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0x Protocol has one of the most important working products in the entire Ethereum ecosystem. It's a permissionless, open-source protocol which facilitates trustless exchanges of Ethereum tokens through relayers and dapps that build on top of the protocol.
Not only has 0x been providing this functionality for over a year now, but theyve been working to expand the routine functionality significantly since that initial launch. In 0x protocol 2.0 and beyond, it'll be possible to exchange tokens built on standards besides ERC-20, including non-fungible ERC-721 tokens.
In a market full of scams and vaporware, 0xs valuable contributions to the Ethereum ecosystem have made it one of the best performing cryptocurrencies of 2018.
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Bytecoin is another popular privacy-focused cryptocurrency using a strong community and consumer base. Transactions on the Bytecoin blockchain are instantaneous, untraceable, unlinkabe, and resistant to blockchain analysis.
Bytecoin has been around for a long time now, with contributions to the project beginning in 2012. However, that hasnt stopped the projects developers from continuously improving this merchandise.
The recently upgraded Bytecoin roadmap includes a tricky fork for a consensus upgrade scheduled for August 31, as well as numerous initiatives for community expansion constantly in the works.
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Founded in 2015 by former Bitcoin developers, Decreds most important working product is its own solution to Bitcoins largest problem. No, not scalability blockchain governance.
You see, ancient Bitcoiners have been debating block size limitations and the efficacy of additional scalability solutions like the Lightning Network for decades, even though the problem of scalability really only became discussed in the mainstream in 2017.
Using its community-based governance design and strong adherence to the core ethos of both decentralization, Decred is built to evolve and improve quickly. That means that its equipped to handle not only the scalability problem today, but other big problems that may arise down the line.
When you have poor governance, it is an arduous process making any upgrades to a project, no matter how necessary they may appear to the majority of coin holders. Decreds best-in-class and still improving governance model give it an intriguing case to be a pioneer in digital payments for a long time to come. .
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BitShares aims to improve worldwide access to financial services through blockchain. The tagline assist the unbanked summarizes the project nicely. In practice, this translates into BitShares operating as a decentralized exchange, one that was constructed in the ground-up to avoid scalability difficulties and keep transaction fees low.
BitShares was launched in 2014 by Dan Larimer, who would then go on to have a lead development role in both EOS and Steem.
The current state of the project offers decentralized advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued resources, and more, all available through a decentralized system powered by assigned PoS consensus.
Steem is the cryptocurrency that forces Steemit, a decentralized social media platform that incentivizes user participation via micropayments. Think about it like Reddit, only instead of just upvoting or downvoting posts, users can actually reward creators for their attempt.
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Steem is a functional cryptocurrency used exclusively on read more the Steemit platform. That gives it something of a limited use, but seeing as Steemit is now live and boasts a few hundred thousand users, it's difficult to assert it isnt a working product. Some may even be earning money using Steemit. .